Certificate IV in Financial Services (Bookkeeping)

The Certificate IV in Financial Services (Bookkeeping) is designed for people seeking a career as a professional contract bookkeeper, or permanent paid bookkeeper, either working under the direction of a tax agent/public accountant, for a bookkeeping business or franchise, as a permanent paid bookkeeper (working for enterprise), or in their own bookkeeping business.

The Certificate IV in Financial Services (Bookkeeping) offers practical training in bookkeeping ethics, cash and accrual accounting systems, payroll, BAS and IAS statements as well as computerised accounting.

Entry requirements

Where the industry core units have been demonstrated as a requirement of Certificate III in Financial Services exemption is provided, alternatively the following applies:

• Industry experience,
• sound language/literacy skills and 
  • basic computer skills including (Word, Excel and Access)

Career opportunities

Employment outcomes may include:

• Financial Officer
• Bookkeeper
• Payroll Clerk
• Accounts Receivable/Payable Clerk
• Assistant Accountant

Program Articulation

Students who successfully complete the Certificate IV in Financial Services (Bookkeeping) may be eligible for credit towards:

• FNS40604 Certificate IV in Financial Services (Accounting) [6 credits]
• FNS50204 Diploma of Accounting [4 credits]
• FNS 60204 Advanced Diploma of Accounting [4 credits]
• BACC0107 Bachelor of Accounting [4 credits]

Program Duration

Full Time: 12 months
Part Time: 24 months

Course Commencement

Courses commence in February, April, July and September each year for full time and part time applicants.

Delivery Methods
 
This course is delivered through face to face classroom learning, onsite at your workplace or by correspondence.

Assessment Methods

Students may be required to sit written and oral exams, participate in practical activities, complete assignments, presentations, vocational projects and role plays.
Students undertaking a course as part of a work based traineeship will be assessed in the workplace.

Recognition of Prior Learning (RPL)

Participants with previous training and/or experience may apply for (RPL). Participants, who have completed courses with equivalent / matching learning outcomes, will be granted credit transfer.

Course Structure

To attain a FNS40207 Certificate IV in Financial Services (Bookkeeping) 13 units must be achieved:

• 4 industry core units, plus
• 7 sectoral core units, plus
• 2 elective units.

This qualification reflects the role of individuals who use well-developed skills and a broad knowledge base in a wide variety of contexts and environments. They apply solutions to a defined range of problems, and analyse and evaluate information from a variety of sources in relation to a variety of tasks. They may provide guidance to others with some limited responsibility for the output of others.

This qualification is designed to reflect the role of contract bookkeepers and employees performing in the role of bookkeeper for organisations and who perform duties such as:

• establishing and maintaining accounting systems
• assisting with Business Activity Statements and other office taxes
• payroll
• developing management systems for organisations.

CORE UNITS
Unit Code	Unit Name
FNSICIND401B	Apply principles of professional practice to work in the financial services industry
FNSICGEN301B	Communicate in the workplace
FNSICGEN302B	Use technology in the workplace
FNSICGEN304B	Apply health and safety practices in the workplace
SECTORAL CORE UNITS
FNSBKPG401A	Develop and implement policies and practices relevant to bookkeeping activities
FNSBKPG402A	Establish and maintain a Cash Accounting System
FNSBKPG403A	Establish and maintain an Accrual Accounting System
FNSBKPG404A	Carry out Business Activity and Instalment Activity Statement tasks
FNSACCT406B	Maintain asset and inventory records
FNSACCT405B	Prepare financial statements
FNSBKPG405A	Establish and maintain a payroll system
ELECTIVE UNITS
FNSICCUS402B	Maintain customer relationship
FNSPRAC501B	Manage and maintain small/medium business operations